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Tips to buy a property with confidence in Turkey

Turkey is one of the most welcoming countries in the world that is offering expats a lot of reasons to make this place their new home. With an overhaul of lifestyle trends and some great infrastructural development happening in Turkey, the high standard of living, but as the cost of living is still low, the country offers a lucrative opportunity to foreigners who want to invest in a Luxury property Turkey.

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If you are looking to get a good deal on a property in Turkey, here are some tips that will help you immensely.

Tips to get a good deal with your property investment in Turkey

  • Timing is essential when it comes to making any foreign property investment and it holds good with finding home in Turkey as well. If you are considering buying a Turkish property as an investment, prepare yourself to hold on to it for at least 5 years. Also, look for a property that has been constructed after 1999. This will ensure that your property has been built as per the earth quake proofing laws and this will be a big advantage for you when you want to sell the property later.
  • It is essential that you seek services of a local lawyer when buying an overseas property. No matter how lucrative or attractive a property or deal appears to be, it is best to go about it legally. This will prevent you from any hassles in future.
  • When considering a pre-construction property in Turkey, check the International Developers Information Packs (IDIP). IDIP conducts all legal checks on properties to ensure that the property meets all construction norms and regulations.
  • Buy your property in the right area. Some areas in Turkey do not allow foreign nationals to invest in residential properties. Be absolutely sure before you invest your money. Also, it is a good idea to open a Turkish bank account for paying bills on the property.

Indeed, Turkey is one of the best places in the world for some foreign investment in real estate. There are Homes in turkey to meet the needs of all foreign expats.

While retired foreigners find the Aegean and the Mediterranean coasts more ideal for their homes, there may be others who would want to have their home in foreign communities that have access to English speaking locals, English schools and assured safety; and these are the reasons why Cheap apartments Fethiye are more popular among many in Turkey.